Item 454 | First Year - FY2017 | Second Year - FY2018 |
|---|
|
|
| Highway System Maintenance and Operations (60400) | $1,674,434,950 | $1,688,854,039
$1,689,365,163 |
| Interstate Maintenance (60401) | FY2017 $337,737,740 | FY2018 $356,080,156
$314,805,078 |
| Primary Maintenance (60402) | FY2017 $481,225,945 | FY2018 $485,842,962
$463,485,268 |
| Secondary Maintenance (60403) | FY2017 $588,025,446 | FY2018 $583,280,567
$638,720,317 |
| Transportation Operations Services (60404) | FY2017 $185,082,091 | FY2018 $182,551,595
$193,969,234 |
| Highway Maintenance Operations, Program Management and Direction (60405) | FY2017 $82,363,728 | FY2018 $81,098,759
$78,385,266 |
| Fund Sources: | | |
| Commonwealth Transportation | FY2017 $1,674,434,950 | FY2018 $1,688,854,039
$1,689,365,163 |
A. The department is authorized to enter into agreements with state and local law enforcement officials to facilitate the enforcement of high occupancy vehicle (HOV) restrictions throughout the Commonwealth and metropolitan planning regions.
B. Should federal law be changed to permit privatization of rest area operations, the department is hereby authorized to accept or solicit proposals for their development and/or operation.
C. The Director, Department of Planning and Budget, is authorized to increase the appropriation in this Item as needed to utilize amounts available from prior year balances in the dedicated funds.
D. The Commissioner's annual report pursuant to § 33.2-232, Code of Virginia, shall include an assessment of whether the department has met its secondary road pavement targets, by district and on a statewide basis.
E. Notwithstanding the provisions of § 4-3.02 of this act, the Secretary of Finance may provide the Department of Transportation interest-free treasury loans in an amount not to exceed $1,700,000 in the first year and $1,700,000 in the second year which may be extended for a period longer than twelve months. The loan amounts would be provided to the City of Portsmouth to offset losses in personal property tax collections generated by the City due to the transfer of personal property from the Virginia International Gateway to the Commonwealth. The specific terms and structure of any loan shall be approved by the Secretary of Finance, after consultation with the Chairmen of the House Appropriations and Senate Finance Committees, or their designees. A treasury loan for this purpose shall be considered as bridge financing until the planned expansion of the Virginia International Gateway Facility commences and additional equipment is purchased which will generate personal property taxes that the City of Portsmouth shall use to repay the loan. To the extent the loan is not repaid as required by the specific terms of the loan, the Department of Transportation is directed to withhold the payment amount due from funds provided to the City of Portsmouth pursuant to § 33.2-319, Code of Virginia, to repay the loan.